InvestorsHub Logo
icon url

specutator

04/16/15 9:16 AM

#106518 RE: Matthew Berg #106517

Experienced investors know this is bogus information:

If marked short, the trade must be settled in 72 hours with physical delivery of the securities. Theoretically the MM would have 14 days to resolve it before being marked FTD which would have the MM in deep dookie and would probably be facing problems regardless of resolution.

There is a reason why there is a list of FTD (aka naked shorts) stocks on the Reg SHO list and zero MMs being sanctioned because of it.